Even though Early Retirement is a few years’ off for Mr. ThreeYear and myself, since we plan to continue to work when we move abroad, we do plan to retire early (before we’re in our fifties and sixties), and have ever since we began our personal finance renaissance in 2008. Our current goal is to double our net worth by the end of 2019, and even if we leave those investments alone and add not another penny to them, we’d still be able to retire a few short years after that. When we do retire, we’re looking forward to the possibility of multiple streams of income to tap into.
Though Mr. ThreeYear and I primarily invest in index funds (we have a “slow and simple-don’t get greedy” philosophy), we currently plan to have several streams of income available to us when we retire. Some will be passive, and others active. While this wasn’t necessarily a conscious plan on our part, life has worked out this way and we’ll take these streams of income we’ve developed along the way. Continue reading “The Six Streams of Income We’ll Rely on in Early Retirement”